Export orders from Taiwan jumped 22 percent year-on-year to USD 33.75 billion in February of 2017, following a 5.2 percent rise in January and beating market expectations of a 15.8 percent gain. It is the biggest increase since August of 2010, mainly boosted by orders for information and communication products (23.9 percent); electronics (15.4 percent); basic metals and articles thereof (34.3 percent); machinery (20.1 percent); plastics, rubber (38.8 percent); chemicals (14.3 percent) and electrical machinery (36.7 percent). Export orders from China surged the most (40.5 percent), followed by those to Japan (23.6 percent), the US (21.1 percent) and Europe (12.9 percent). New Orders in Taiwan averaged 17231.61 USD Million from 1984 until 2017, reaching an all time high of 44911 USD Million in October of 2014 and a record low of 2278 USD Million in February of 1985.
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In Taiwan, because new orders heavily affect business confidence they are a leading indicator for growth in gross domsestic product. This page provides – Taiwan New Orders – actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Export Orders – actual data, historical chart and calendar of releases – was last updated on March of 2017.